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Impact of weather shocks

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This RePEc Biblio topic is edited by Richard S.j. Tol (pto90). It was first published on 2017-08-10 13:33:40 and last updated on 2021-01-09 17:48:20.

Introduction by the editor

The difficulty with empirical estimates of the impact of climate change is that climate varies only slowly over time, while climate differences over space are correlated with all sorts of everything. Weather varies quite a bit over time, and exogenously so to the economy. Estimating the impact of weather is therefore econometrically unproblematic, although some people have confused weather impacts (a short run impact) with climate impacts (a long run impact).

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Most relevant research

  1. Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2014, "What Do We Learn from the Weather? The New Climate-Economy Literature," Journal of Economic Literature, American Economic Association, volume 52, issue 3, pages 740-798, September.
  2. Olivier Deschênes & Michael Greenstone, 2007, "The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather," American Economic Review, American Economic Association, volume 97, issue 1, pages 354-385, March, DOI: 10.1257/aer.97.1.354.
  3. Brian Jacob & Lars Lefgren & Enrico Moretti, 2007, "The Dynamics of Criminal Behavior: Evidence from Weather Shocks," Journal of Human Resources, University of Wisconsin Press, volume 42, issue 3.
  4. Sharon Maccini & Dean Yang, 2009, "Under the Weather: Health, Schooling, and Economic Consequences of Early-Life Rainfall," American Economic Review, American Economic Association, volume 99, issue 3, pages 1006-1026, June.
  5. Benjamin F. Jones & Benjamin A. Olken, 2010, "Climate Shocks and Exports," American Economic Review, American Economic Association, volume 100, issue 2, pages 454-459, May, DOI: 10.1257/aer.100.2.454.
  6. Olivier Deschênes & Michael Greenstone, 2011, "Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US," American Economic Journal: Applied Economics, American Economic Association, volume 3, issue 4, pages 152-185, October.
  7. Jean-Michel Chevet & Sebastien Lecocq & Michael Visser, 2011, "Climate, Grapevine Phenology, Wine Production, and Prices: Pauillac (1800-2009)," American Economic Review, American Economic Association, volume 101, issue 3, pages 142-146, May.
  8. Barreca, Alan I., 2012, "Climate change, humidity, and mortality in the United States," Journal of Environmental Economics and Management, Elsevier, volume 63, issue 1, pages 19-34, DOI: 10.1016/j.jeem.2011.07.004.
  9. Matthew A. Turner & Jeffrey S. Rosenthal & Jian Chen & Chunyan Hao, 2012, "Adaptation to Climate Change in Preindustrial Iceland," American Economic Review, American Economic Association, volume 102, issue 3, pages 250-255, May.
  10. Maximilian Auffhammer & Solomon M. Hsiang & Wolfram Schlenker & Adam Sobel, 2013, "Using Weather Data and Climate Model Output in Economic Analyses of Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, volume 7, issue 2, pages 181-198, July.
  11. Auffhammer, Maximilian & Mansur, Erin T., 2014, "Measuring climatic impacts on energy consumption: A review of the empirical literature," Energy Economics, Elsevier, volume 46, issue C, pages 522-530, DOI: 10.1016/j.eneco.2014.04.017.
  12. Joshua Graff Zivin & Matthew Neidell, 2014, "Temperature and the Allocation of Time: Implications for Climate Change," Journal of Labor Economics, University of Chicago Press, volume 32, issue 1, pages 1-26, DOI: 10.1086/671766.
  13. Meghan R. Busse & Devin G. Pope & Jaren C. Pope & Jorge Silva-Risso, 2015, "The Psychological Effect of Weather on Car Purchases," The Quarterly Journal of Economics, President and Fellows of Harvard College, volume 130, issue 1, pages 371-414.
  14. Marshall Burke & Solomon M. Hsiang & Edward Miguel, 2015, "Climate and Conflict," Annual Review of Economics, Annual Reviews, volume 7, issue 1, pages 577-617, August.
  15. Zhang, Peng & Deschenes, Olivier & Meng, Kyle & Zhang, Junjie, 2018, "Temperature effects on productivity and factor reallocation: Evidence from a half million chinese manufacturing plants," Journal of Environmental Economics and Management, Elsevier, volume 88, issue C, pages 1-17, DOI: 10.1016/j.jeem.2017.11.001.